Multi-asset Macro/Emerging Markets Strategist

Virgil Fernandez Esguerra

Thematic (Sector/Industry)

Our guide to this week’s global macro risk events and trading opportunities.<ul class="">
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This week in trade ideas: Go strategic long Norwegian Krone vs EUR and Saudi stocks. Stay short Italian stocks and bonds vs Stoxx 600 and Bunds. Consider fading Trump steel tariff news via relative value short US steel names vs Japanese peers. Stay strategic short Swedish Krona vs EUR. We stay constructive on JPY.</li>
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Monday: Markets digest Italy vote/Germany SPD referendum, Trump tariffs on steel. Also: Australia MI CPI…</li>
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Our guide to this week’s global macro risk events and trading opportunities.

This week in trade ideas: Go strategic long Norwegian Krone vs EUR and Saudi stocks. Stay short Italian stocks and bonds vs Stoxx 600 and Bunds. Consider fading Trump steel tariff news via relative value short US steel names vs Japanese peers. Stay strategic short Swedish Krona vs EUR. We stay constructive on JPY.

Monday: Markets digest Italy vote/Germany SPD referendum, Trump tariffs on steel. Also: Australia MI CPI…


Week Ahead in Global Macro: US NFP, Tariffs, ECB, BOJ, RBA, China NPC/CPI/Trade, BOC, BNM

Chart based progressive global trading strategies, Chart Partners

Thomas Schroeder

Chart based progressive global trading strategies

Chart Partners

Chart Partners objective is to discover medium-term cycle turns and profit opportunities before they unfold, within structural trends while preserving capital with clear degrees of risk. We have real return ideas. 

Markets are dynamic and trading systems must reflect this. It is crucial to determine underlying correlations and lead-lag relationships within global markets and the impact on linked instruments. Our weekly Chartonics product gives you short-term trading strategies that can be applied within the medium and longer term macro trends that are mapped out in our strategy updates. 

Our methodology fuses global market variables and isolates drivers in trends. We specialize in FX, index trade in NY and Asia with a focus on Asian stocks. 

Technical Analysis

FTSE China A50 Index / Technical Analysis

<div style="text-align: left;">Asia bid support is coming through with signs of resilience. This tactical insight outlines S&amp;P pivot levels and the markets that are showing a firmer chart and bid support bias in Asia as well as the weaker market postures where we want to reduce risk on tactical strength. February is a seasonally weak month with US equities in a fragile state barring a push back above S&amp;P 2,810. We placed short protection at S&amp;P 2,844 and 2,807 on the back of warning signals of a fallout and followed with…</div>

Asia bid support is coming through with signs of resilience. This tactical insight outlines S&amp;P pivot levels and the markets that are showing a firmer chart and bid support bias in Asia as well as the weaker market postures where we want to reduce risk on tactical strength. February is a seasonally weak month with US equities in a fragile state barring a push back above S&amp;P 2,810. We placed short protection at S&amp;P 2,844 and 2,807 on the back of warning signals of a fallout and followed with…

Kuala Lumpur Composite Index (KLCI) / Technical Analysis

Breakouts and bull turns in Asia<div style="text-align: left;">Fresh bull signals are unfolding in Asian rotation plays with breakouts noted in the Japan banks index and Malaysia. Bull turns are noteworthy in Hong Kong off of pattern support with Korea next in line for a bullish turn upward. A number of Korean stocks are making headway ahead of a Kospi turn.</div>Japan banks finally broke that 200 macro pivot barrier and looks very bullish and a theme we have been touting for some time with longs in 8316 and 8306. Stronger banks…

Breakouts and bull turns in AsiaFresh bull signals are unfolding in Asian rotation plays with breakouts noted in the Japan banks index and Malaysia. Bull turns are noteworthy in Hong Kong off of pattern support with Korea next in line for a bullish turn upward. A number of Korean stocks are making headway ahead of a Kospi turn.Japan banks finally broke that 200 macro pivot barrier and looks very bullish and a theme we have been touting for some time with longs in 8316 and 8306. Stronger banks…

Jakarta Stock Exchange Composite Index / Technical Analysis

This is a follow up to the <a href="https://www.smartkarma.com/insights/compelling-case-to-buy-malaysia" target="_blank" data-smartkarma-citation="insights:14824">Compelling Case to Buy Malaysia</a> in order to visualize the breakout cycle that is unfolding in SE Asia and why Malaysia is likely to close the margin with SE Asian counterparts.Indonesia led the domino breakout cycle followed by the Philippines and then Thailand's SET. Breakout points noted in this chart exhibit a bullish bias to carry forward with risk of a re test of the breakout point in the PSEI and SET possibly, but Jakarta has continued to make headway and created…

This is a follow up to the Compelling Case to Buy Malaysia in order to visualize the breakout cycle that is unfolding in SE Asia and why Malaysia is likely to close the margin with SE Asian counterparts.Indonesia led the domino breakout cycle followed by the Philippines and then Thailand's SET. Breakout points noted in this chart exhibit a bullish bias to carry forward with risk of a re test of the breakout point in the PSEI and SET possibly, but Jakarta has continued to make headway and created…

Malaysia is a market we have held an underperform call but now starting to see correlated signs of life and increasing evidence that we have or are very near a terminal point in the corrective cycle that has kept the KLSE at bay since the summer of 2017.The very fact that Malaysia rallied in a clear impulsive manner from late 2016 into the summer of 2017 labels weakness from June as corrective barring a move below KLSE 1,720. This has been an out of favor market but with the region and for that…

Malaysia is a market we have held an underperform call but now starting to see correlated signs of life and increasing evidence that we have or are very near a terminal point in the corrective cycle that has kept the KLSE at bay since the summer of 2017.The very fact that Malaysia rallied in a clear impulsive manner from late 2016 into the summer of 2017 labels weakness from June as corrective barring a move below KLSE 1,720. This has been an out of favor market but with the region and for that…

Malaysia

The FTSE Bursa Malaysia KLCI Index comprises of the largest 30 companies by full market capitalization on Bursa Malaysia's Main Board. When launched, on July 6, 2009 it replaced the Bursa Malaysia KLCI Index starting at the closing value of the KLCI Index on July 3 2009, also inheriting the full history of the KLCI Index.

Kuala Lumpur Composite Index (KLCI) (FBMKLCI INDEX)

Kuala Lumpur Composite Index (KLCI) (FBMKLCI INDEX)

Week Ahead in Global Macro: US NFP, Tariffs, ECB, BOJ, RBA, China NPC/CPI/Trade, BOC, BNM

Our guide to this week’s global macro risk events and trading opportunities. This week in trade ideas: Go strategic long Norwegian Krone vs EUR...

Virgil Fernandez Esguerra

Asia Chart Levels and Where to Add Risk

Asia bid support is coming through with signs of resilience. This tactical insight outlines S&P pivot levels and the markets that are showing a...

Thomas Schroeder

Breakouts and Bull Turns in Asia

Breakouts and bull turns in AsiaFresh bull signals are unfolding in Asian rotation plays with breakouts noted in the Japan banks index and...

Thomas Schroeder

Malaysia Trailing SE Asia Breakout Cycle

This is a follow up to the Compelling Case to Buy Malaysia in order to visualize the breakout cycle that is unfolding in SE Asia and why Malaysia...

Thomas Schroeder

Compelling Case to Buy Malaysia

Malaysia is a market we have held an underperform call but now starting to see correlated signs of life and increasing evidence that we have or are...

Thomas Schroeder